Category: Trading Legends

Murray A. Ruggiero, JR., is president of Ruggiero Associates in East Haven, Conn., a firm which specializes in the development and testing of market timing applications using state-of-the-art computer technologies.

One of the world’s foremost experts on using intermarket and trend analysis to locate and confirm developing price moves in the markets, Murray has been called “The Einstein of Wall Street” by those who know the value of his amazing work.

John R. Hill majored in Chemical Engineering at Ohio State University, graduating with a B.S. and Master’s degree in 1948 and 1950. His career in the chemical industry was primarily involved with economics and marketing. Profitable trading in commodities enabled him to resign from the chemical industry, move to the beautiful North Carolina Mountains, and devote full time to the study of market action.

Harold M. Gartley (1899-1972) has long been a well-known name in the field of technical analysis. Beginning as a board boy and runner on Wall Street, he evolved into a master technician whose techniques on trading the markets are still used today.

Gartley wrote many articles on the stock market hut his best work is considered to be his book Profits in the Stock Market Of special interest to many traders is his chapter “Volume of Trading” Gartley is said to have dune more work on volume than anyone else.

J. Welles Wilder, Jr., was born in the town of Norris, TN, during the Great Depression but grew up in Greensboro, NC. His working life started as a mechanical engineer but he also ventured out into real estate development. After his partners bought him out of his real estate business in 1972, Wilder turned his attention to commodities market.

Perry J. Kaufman is an American systematic trader, index developer, and quantitative financial theorist. He is considered a leading expert in the development of fully algorithmic trading programs (mostly written in Fortran).

Philip Lord Carret (November 29, 1896 – May 28, 1998) was an investor and founder (in 1928) of Pioneer Fund (then: Fidelity Mutual Trust), one of the first mutual funds in the United States (now 3rd which exists still).

Larry Pesavento is the founder and owner of Trading Tutor, a technical analysis education service that emphasizes recurring pattern recognition techniques. Larry is a 45-year veteran of the finance industry who began his trading career on a full-time basis in 1969. His library is one of the most complete chronologies on technical analysis, containing teachings that range from astrology to automatic trading. Larry managed the commodity department of Drexel Burnham Lambert in California for six years before becoming a member of the Chicago Mercantile exchange in 1981.

Ralph Nelson Elliott (28 July 1871 – 15 January 1948) was an American accountant and author, whose study of stock market data led him to develop the Wave Principle, a form of technical analysis that identifies trends in the financial markets. He proposed that market prices unfold in specific patterns, which practitioners today call Elliott waves .

J.M. Hurst is known by many contemporary market technicians as the ‘father’ of modern cyclic analysis. When he first introduced his concepts in the early 1970’s through his classic work “The Profit Magic of Stock Transaction Timing“, he quickly developed a loyal following from market technicians all over the country, eager to learn his techniques and apply the principles. For a few short years, he even taught a course on Cyclic Analysis & Hurst Cycle Course Books.